This is the place to see participants in action at TradeWinds Marine Risk Forum held at London's Hurlingham Club in May 2011.
Silke Obst says the European Commission’s antitrust investigation of the P&I clubs aims to boost competition to the advantage of shipowners rather than destroy the mutual system.
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The protection and indemnity clubs have missed out a great opportunity to defend themselves against the European Commission antitrust investigation according to Martin Hubbard.
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Martin Lanting says warns attractive business has been lost by the RaetsMarine insurance group because of high release calls imposed by clubs in the International Group P&I cartel.
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Top P&I broker Federico Deodato of PL Ferrari is confident the clubs can weather the storm of the European Commission’s antitrust probe and the new Solvency II financial regime
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Vasilis Bacolitas thinks he has seen the future of the marine insurance market and sees the P&I clubs as having expertise and organisation to best respond to the needs of shipowners.
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Costly natural catastrophe are so far having little impact on the insurance premium paid by shipowners according to Marsh marine chief Marcus Baker.
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The protection and indemnity clubs are well placed to withstand any renewed challenge from the commercial insurance market according to Standard Club underwriter John Reily.
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Joe Hughes reveals New York based P&I club has had the lowest claims for some years and a strong investment return that will result in a substantial increase in its free reserve.
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The P&I clubs are expected to ring up an underwriting profit for the first time for many years in their soon to be published annual reports according to market guru Roger Ingles.
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Teekay risk manager, Dev Hildebrand, adds his voice to industry calls for more effective government action to save seafarers from the menace of Horn of Africa based pirates.
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A two tier market may be coming to the marine insurance world with underwriters divided into service minded leaders and a following market providing commodity cover.
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Hull underwriter Simon Stonehouse of the Brit syndicate at Lloyd’s gets TradeWinds’ annual insurance gathering underway with an analysis of the changing marine market.
As TradeWinds insurance forum drew to a close participants give their verdict on the event. If you missed out this year make a note in your diary for the next get together in May 2012.
